Saving Advantage Plan vs Fixed Maturity Plan

Save More, Live Better with Axis Max Life Savings Advantage Plan.

Whether aiming for a new car or your daughter's dream wedding, savings alone may not be enough; you need to grow your money to reach your future goals. That's why Axis Max Life launched the Axis Max Life Savings Advantage Plan. It helps you grow your savings to build wealth and achieve your future goals while providing life coverage against unfortunate death.

Apart from the lump sum death or maturity benefit payout, this plan offers 5.5% Guaranteed Additions at the end of each policy year for the first 5 policy years to boost your sum assured amount.

The life insurance plan also offers flexibility to select payout options, such as lump sum or monthly income. In the event of the insured person's unfortunate death during the policy term, the nominee will receive a sum comprising the guaranteed death benefit, guaranteed additions (if any), and Terminal Bonus (if any).

Key benefits include:

• Flexibility to choose premium payment terms
• Guaranteed additions
• Flexible policy tenure
• Cash bonuses

Aditya Birla Sun Life Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump sum on maturity. The ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from financial hardship in the event of an unfortunate event, while also assisting you in building a lump sum to achieve your financial goals.

The ABSLI Fixed Maturity Plan is a versatile insurance plan with various policy terms and sum assured multiples to meet your needs, and an enhanced maturity benefit for higher premiums. The ABSLI Fixed Maturity Plan has a Single Pay option with the flexibility to choose the policy term between 5-10 years. By offering protection benefits throughout the policy term, this plan helps secure your funds and protect your dreams.

This plan offers you various benefits including: